- URBAN- valuation
sketch on the other hand is an informal plan of the building, site or
land and is the diagram most used by valuers.
is not necessary for the valuer to make the sketch as accurate as
that for a plan prepared by a surveyor. For example, approximate
areas only are required for the valuation of a house. An informal
sketch of a site or land is sometimes called a "mud sketch".
All urban valuations should include at least site and building plans
at a suitable scale to fit on an A4 page. A house sketch should be at
a scale of about 1:100.
example of a house sketch suitable for valuation purposes. Scale
locality sketch or map is most useful to aid the broader definition
of locality and can be used to show the location of macrofactors such
as a nearby shopping centre. The locality sketch is most useful for
finding rural properties. The number of small scale maps and sketches
used to locate the property will depend on the needs of the client.
For example, an overseas client will require a map showing where the
subject city or town is in Australia.
locality map requirements are as follows:
of city or town
|Location of suburb
||Location in street
scale of the site plan will vary according to the size of the subject
property however, the scale for a typical suburban site plan is 1:500
or 1:1000. If a scale plan is reduced or enlarged on a photocopier so
that the new scale is not known, a note to that effect should be
shown on the altered plan and the old scale deleted.
valuer should also identify the buildings within the boundaries
looking particularly for signs of encroachment. Is there appears to
be encroachment from either side, the valuer should make his/her
report subject to a satisfactory identification survey report.